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I mean ... Will have to pay significantly more. This market rarely gives you a gift and this is now definitely one.
Ismailia, couldn’t agree more and that why I have built up a significant stake here. Been investing for 20 plus years and a handful of stocks have provided me with incredible medium term profits and I’m convinced that the opportunity available here is the best I ever had, as currently there are few followers and most still think at the old ADL team which has been removed. Just look at the market cap now and consider that we now have a board which can drive this over time to be a mid cap 500mio mcap share, just do the maths. I can’t wait to hear their plans which will be clear over the next few weeks and see the first transactions. My take is always build a stake when all is quiet because once interest builds you will have to much significantly more.
Have been here a while and am very pleased to see we now have a new BOD, effectively a clean sweep, new money and it looks as if they will not be holding back with an increase in the share capital at the forthcoming EGM. It appears to me they already have something in mind so I look forward to a much more dynamic business.
I can see where you are coming from as this does happen when the board has no CV, connections etc: Time will tell but I expect the opposite here ie yes EGM to raise 1.5bio shares but the price at which they raise will all depend of the asset which they show to institutional investors when they place. I think that as soon as EGM is done they will make their plans clear to investors and if the assets are truly company making they will raise well above of where we are, remember the key difference here is the three new members with their options almost control 30% of the shares and are very much aligned with other shareholders to see the price going upwards.
They will raise and probably at a discount, im out for now but will look back in once asset has been shown, but they will raise at a big discount, that's why they are having the egm... for an additional 1.5 bill shares in total
Just seen what has happened at Ascent ie placing at half of market price, options granted etc. If you think that our new board has come in at the same price of the previous placings and actually a premium to the were the stock was trading, albeit very low but not their mistake, and the amount of own money put in by them to become proper aligned shareholders, give me our new board members any day.
Seen that www.andalasenergy.co.uk now shows Mark Rollins and Leslie Peterkin on the board whereby Simon Gorringe and Robert Arnott have been removed. Just the start as I expect things really to get going once the EGM has taken place on 26.2 and the Advance Energy PlC vision and strategy becomes public.
I don’t have any doubts that the new team will show their intentions over the next few weeks, let’s wait and see as they only got appointed a week ago. Plus remember that skin in the game by key board members is a ‘detail’ which was missed by the previous board.
It’s the little details that are most important, the devil is in the detail, try not to let you dreams run away from you and focus on the here and now, this is still just a punt, a punt on hope that they will do something. All hinges on an asset of which nothing is shown as yet. Need something material and not just hope as hopeful PI get burnt by bod making millions rinsing and repeating, not being negative just saying the bod need to show their intentions, at present they have shown they are eventually going to double the shares in issue, nothing further.
Double I have no idea, maybe the nomad would have not agreed to an immediate full board change or maybe the new chairman and CEO will keep them in situ or ad interim as helpful with their legal and finance corporate know how. Imo don’t get hung up on these details but grasp the magnitude of the changes announced on 4 feb before this gets publicised. The last RNS is clear ie they will raise at some point but for me guys with this CV will bring in deals of a size never thinkable by ADL and if that is the case the raises will be at a much higher price as they would generate a massive mcap re-rate. Maybe I’m wrong but I’m buying each day as the key elements are now in place. Time will tell.
I agree but my point is, why are they still there? They have been there throughout all the scandals from Whitby to Simon, why when a new board members come on do they stay, they have never brought anything to the party and never said a word
Double I’m certain that Graham and Ross are under close scrutiny by the new CEO and Chairman and remember the following from the 4th Feb RNS to make clear imo who is now in charge in this new
Company: The Company and each of Simon Gorringe and Ross Warner have agreed to cancel the option agreements referred to in the announcement of 2 October 2018, amounting to 22,000,000 options over Ordinary Shares and to release claims for unpaid salaries totalling US$446,000.
No.
Whats bugging me is why are Graham Smith and Ross Warner still there? are they the puppet masters?
So change name from
Andalas ( means) (and the last you will see of your money)
Suggest there maybe a market in
Pyramids for them not many of them about are there.
Perhaps they should rename as
Pyramid sales
You would have to buy in early to make my 98.5% loss up
Keep trying smoke and mirrors
You ********
A new board with incredible intellect having read at Oxford, Cambridge, imperial and St Andrews and professional careers would not invest half a million of their own cash if the didn’t have a clear plan evaluation plans already now....
I would be hoping a new asset is in the pipeline considering the potential share issuing that is going to take place
I’m guessing that you have been investing as I did for many years. Imo this is now one of the best risk reward stocks around at this mcap and I’m almost daily adding to my position as I think this is due to the previous management’s debacle which causes this share to be outside the radar of most investors. This will not last, a management of this caliber will want this to become a mid cap bringing large deals, mark my words they have only come in a week ago and we will soon hear what their intentions are and at that stage you will dream to buy at these low levels.
Must say a little disappointed they want to double shares in issue but they need to bring an asset to the table to warrant this
Volvic do agree that the previous management needed changing and Needs to be ashamed for the past share performance. The name change is part of a completely new company, management with skills, connections and strategy, not to mention the fact that they put £200,000 each into the company which would have been unthinkable in Simon’s days.
Might change your name but
Your still the same robbers
98.8% down on my shares with you, won't see that again will l
Just a shell company to fleece
Well any one they can
Flat lined sp today could do with a some more news on the stage
Incredible potential here and therefore added more. The new board has experience, drive, connections and probably is at an advance stage on various transactions. In addition Mark and Leslie with shares and options will have an 11% each day in the company which will be a massive incentive to make this very rewarding for all shareholders. This is a real stroke of luck for ADL and the fact that the masses have not worked this one out given imo us an amazing opportunity. Time will tell but very pleased with their arrival.
I guess they'll head to their previous areas Kazaak,Ukraine, maybe Uzbek areas and may even have done this set up to envelope something they have already got lined up. They could dump the CAV stuff if the bopd are true surely, but hopefully hang onto Corallian 8% wich I believe with the new parcels awarded last year will prove to be of significant value. GLA and here's hoping...
Expect 0.3 should be base allowing the bod to take up the warrants at which point it will obviously go higher in anticipation of what they have up their sleeve.